Quote:
Originally Posted by BoxCar Tom
Today, Indiana state realized $9,190.00 on the Gene Hetland mostly 1932 Ford parts auctions.
Today, Mecum realized $24,580.00 on the Gene Hetland mostly 1932 Ford parts auctions.
Gene Hetland realized $106,870.00 on the mostly 1932 Ford parts auctions.
These numbers are based on the final results of each auction.
A bit of irony, The two highest auctions were for HOT ROD parts and the third highest was for a bin full of mixed parts including HOT Rod Alum heads.
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It was an interesting auction to watch. The two highest items : GH1762 & GH 1772 are reproductions of Eddie Meyer speed parts and sold for approximately 2X's their value as reproductions.
I'd have to assume the winner bidder thought they were original nor did the information on the site state they were reproductions either.
Along the same lines, I bought an NOS Edelbrock 4X2 intake for $250 which was a very good price. It was not advertised as such, but you can tell by the original casting coloring and no blemishes on any machined bolt holes.
Overall, some of the lots were really poorly listed or described. Also, some of the items they grouped together were not even in the same part family, but were very valuable.
I'm not sure what would be the best way to sell all of those incredible parts. I guess auctions can be hit or miss as seen here. It also ended at odd times.
The auctions ended between 9:00 AM-2:00 PM. Most people in the US would be at work during these times. Maybe that accounted for some of the low final bids on some of these items.
I also think the fee structure was really high. Taxes + fees add up to a lot of additional cost to the purchaser. Shipping is still to be determined.
If I didn't have a boy going to college in the fall, I would have spent much more than I did.